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What is the minimum number of block confirmations for Ethereum on KuCoin?

babyQOct 01, 2023 · 2 years ago3 answers

I'm curious about the minimum number of block confirmations required for Ethereum transactions on the KuCoin exchange. Can you provide some insights into this? How does it affect the speed and security of transactions?

Ethereum
KuCoin
Block Confirmations

3 answers

  • Jose SamuelSep 26, 2024 · 9 months ago
    The minimum number of block confirmations for Ethereum on KuCoin is 12. This means that after a transaction is included in a block, it needs to be confirmed by 12 subsequent blocks before it is considered fully confirmed. This confirmation process ensures the security and immutability of the Ethereum blockchain.
  • Aakash SandalAug 01, 2024 · a year ago
    When it comes to Ethereum on KuCoin, you'll need to wait for 12 block confirmations before your transaction is considered fully confirmed. This waiting period is necessary to ensure the integrity and security of the Ethereum network. It may take some time, but it's worth the wait for the peace of mind it brings.
  • Saurabh MishraMay 14, 2025 · a month ago
    The minimum number of block confirmations required for Ethereum on KuCoin is 12. This is in line with the industry standard and ensures the reliability and security of transactions. KuCoin, as a reputable exchange, prioritizes the safety of its users' funds and implements this confirmation process to prevent any potential double-spending or other malicious activities.

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